false 0000010329 0000010329 2024-06-03 2024-06-03
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
 
FORM 8-K
 
 
CURRENT REPORT
 
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported) June 3, 2024
 
 
BASSETT FURNITURE INDUSTRIES, INCORPORATED
(Exact name of registrant as specified in its charter)
 
 
Virginia
000-00209
54-0135270
(State or other jurisdiction of
incorporation or organization)
(Commission File No.)
(I.R.S. Employer
Identification No.)
 
 
3525 FAIRYSTONE PARK HIGHWAY
Bassett, Virginia
24055
(Address of principal executive offices)
(Zip Code)
 
Registrant’s telephone number, including area code (276) 629-6000
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
  
Trading Symbol
  
Name of exchange on which registered
Common Stock ($5.00 par value)
  
BSET
  
NASDAQ
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
 
Emerging growth company ☐
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 
 
 
Item 7.01 Regulation FD
 
Bassett Furniture Industries, Inc. (NASDAQ: BSET), issued a press release announcing that Rob Spilman, Chief Executive Officer and Chairman of the Board, will be presenting at WTR's inaugural Consumer Products Virtual Investor Conference. Mr. Spilman will be participating via a virtual fireside chat with Budd Bugatch, WTR's Head of Consumer Hardlines, on June 6, 2024 at 11:15 am ET.
 
Individual and institutional investors, as well as advisors and analysts, are invited to attend online at https://bit.ly/3KnsHUp.
 
A link to a replay of the webcast will also be posted for 30 days on the Company’s investor relations website located at https://bassettfurniture.com in the Presentations section.
 
A copy of the press release is attached as Exhibit 99.1. The information furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933 or the Exchange Act.
 
Item 9.01.Financial Statements and Exhibits.
 
(d) Exhibits
 
Exhibit
Description
   
99.1
   
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 
 
 
Signatures
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
  BASSETT FURNITURE INDUSTRIES, INCORPORATED  
       
Date: June 4, 2024 By: /s/ J. Michael Daniel  
  J. Michael Daniel  
  Title:     Senior Vice President - Chief Financial Officer  
 
 

Exhibit 99.1

 

Bassett Furniture Industries, Inc. to Present at Water Tower Research's Inaugural Consumer Products Virtual Investor Conference on June 6, 2024

 

June 03, 2024 8:45 AM EDT | Source: Water Tower Research

 

Bassett, Virginia--(Newsfile Corp. - June 3, 2024) - Bassett Furniture Industries, Inc. (NASDAQ: BSET), announced today that Rob Spilman, Chief Executive Officer and Chairman of the Board, will be presenting at WTR's inaugural Consumer Products Virtual Investor Conference. Mr. Spilman will be participating via a virtual fireside chat with Budd Bugatch, WTR's Head of Consumer Hardlines, on June 6 at 11:15 am ET.

 

Bassett Furniture Industries, Inc. invites individual and institutional investors, as well as advisors and analysts, to attend online at https://bit.ly/3KnsHUp.

 

About Bassett Furniture Industries, Inc.

 

Bassett Furniture Industries, Inc. (NASDAQ: BSET), is a leading manufacturer and marketer of high quality home furnishings. With 88 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Bassett's retail strategy includes stylish, custom-built furniture that features the latest on-trend furniture styles, free in-home design visits, and coordinated decorating accessories. Bassett also has a traditional wholesale business with more than 700 accounts on the open market, across the United States and internationally. For more information, visit the Company's website at bassettfurniture.com. (BSET-E).

 

About Water Tower Research

 

Water Tower Research is modernizing Investor Relations through research-driven communications and Investor Engagement. Sound investment research begins with good information. At WTR, we help companies and investors connect by creating expert information flow and strategies that are the foundation of a successful modern investor relations platform. Our analysts and capital markets professionals bring decades of unrivaled Wall Street experience and insight to a new digital world of investor communications and engagement. Our research and investor content are distributed across traditional research aggregators like Bloomberg, FactSet, etc., proprietary direct distribution lists, social media, search engines, and our website. As a result, every institutional and retail investor has equal access to our high-quality company research. Our mission is to help companies take control of their IR program and proactively reach investors while bringing investors a consistent flow of quality information to help them understand our clients' businesses, industries, and the investment opportunities they present.

 

For further information:

 

Bassett Furniture Industries, Incorporated
J. Michael Daniel, Senior Vice President and Chief Financial Officer
(276) 629-6614 - Investors

 

Water Tower Research
Tim Regan
Chief Revenue Officer
(646) 300-1228
conferences@watertowerresearch.com

 
v3.24.1.1.u2
Document And Entity Information
Jun. 03, 2024
Document Information [Line Items]  
Entity, Registrant Name BASSETT FURNITURE INDUSTRIES, INCORPORATED
Document, Type 8-K
Document, Period End Date Jun. 03, 2024
Entity, Incorporation, State or Country Code VA
Entity, File Number 000-00209
Entity, Tax Identification Number 54-0135270
Entity, Address, Address Line One 3525 FAIRYSTONE PARK HIGHWAY
Entity, Address, City or Town Bassett
Entity, Address, State or Province VA
Entity, Address, Postal Zip Code 24055
City Area Code 276
Local Phone Number 629-6000
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol BSET
Security Exchange Name NASDAQ
Entity, Emerging Growth Company false
Amendment Flag false
Entity, Central Index Key 0000010329
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